[News] 'Massive privatization': María Corina Machado offers to sell $1.7 trillion of Venezuela's assets to US corporations

Anti-Imperialist News news at freedomarchives.org
Thu Nov 13 11:14:54 EST 2025


María Corina Machado, the far-right Venezuelan coup leader who won the 
Nobel Peace Prize, vowed "massive privatization", offering to sell off 
$1.7 trillion of her nation's resources to US corporations
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for more


  'Massive privatization': María Corina Machado offers to sell $1.7
  trillion of Venezuela's assets to US corporations
  <https://substack.com/app-link/post?publication_id=457596&post_id=178769681&utm_source=post-email-title&utm_campaign=email-post-title&isFreemail=true&r=lvppb&token=eyJ1c2VyX2lkIjozNjc1MTU4MywicG9zdF9pZCI6MTc4NzY5NjgxLCJpYXQiOjE3NjMwMzYwMjQsImV4cCI6MTc2NTYyODAyNCwiaXNzIjoicHViLTQ1NzU5NiIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.SmWzM2FRW_7Vz-qrRql84Vi3FP0MJ8lm60HXUH64fsM>


      María Corina Machado, the far-right Venezuelan coup leader who won
      the Nobel Peace Prize, vowed "massive privatization", offering to
      sell off $1.7 trillion of her nation's resources to US corporations

Ben Norton <https://substack.com/@benjaminnorton>

Nov 13

	
<https://substack.com/@benjaminnorton>

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READ IN APP 
<https://open.substack.com/pub/geopoliticaleconomy/p/privatization-maria-corina-machado-sell-trillion-venezuela?utm_source=email&redirect=app-store&utm_campaign=email-read-in-app> 


	<https://substack.com/redirect/efcc6cf6-b684-404f-beed-45654255d4be?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM> 	

María Corina Machado is a far-right Venezuelan coup leader who has been 
funded by the US government 
<https://substack.com/redirect/467ef7de-33f3-41d5-b89a-75a5bdc750e5?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM>since 
at least 2003.

The Donald Trump administration is waging war on Venezuela 
<https://substack.com/redirect/b4492f98-6ac4-4609-b20c-0c080000f0f8?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM>, 
and if it can succeed in overthrowing the leftist government of 
President Nicolás Maduro, Machado would help to lead the new pro-US 
regime in Caracas.

Machado won the 2025 Nobel Peace Prize, despite the fact that she openly 
supports Trump’s war on her country 
<https://substack.com/redirect/f8fbf714-b1c4-4663-8ed4-de92d2927c0b?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM>. 
She has for years called for a US military intervention 
<https://substack.com/redirect/231424f0-06a1-47d2-a420-d69c0ca2cca0?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM>to 
violently topple President Maduro.

If Trump and his powerful Secretary of State and National Security 
Advisor Marco Rubio can manage to put Machado in power, she has pledged 
to sell off her country’s assets to US corporations.

Machado proudly told a group of US corporate executives in Miami, 
Florida that she is planning a “massive privatization program”, offering 
“a $1.7 trillion opportunity” to exploit Venezuela’s oil, natural gas, 
infrastructure, gold, and other minerals.

<https://substack.com/redirect/01a7b2b0-7ff0-472e-b3ab-d563d6b81c4a?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM>

The far-right Venezuelan opposition leader made these remarks in a 
virtual speech at the America Business Forum 
<https://substack.com/redirect/b6c2d974-d01a-47ab-b413-59a9a06be041?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM>on 
5 November.

Machado spoke before Donald Trump appeared on stage at the same event. 
She was interviewed by the Republican mayor of Miami, Florida, Francis 
Suarez, a loyal right-wing ally of Trump and Rubio. (He is also the son 
of Xavier Suarez, who previously served as Miami’s mayor.)

	<https://substack.com/redirect/8742e32b-9ec7-4285-baad-b2cb3cec35cc?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM> 	

Donald Trump speaks at the 2025 America Business Forum in Miami, Florida

The following is a partial transcript of Machado’s comments (all 
emphasis added):

    And this is amazing, super exciting for me: *We will open Venezuela
    for foreign investment*.

    *I am talking about a $1.7 trillion opportunity*, not only in *oil
    and gas*, which is huge, and you know that there are opportunities,
    because we will open all, upstream, midstream, downstream, to all
    companies; but also in *mining*, in *gold*, in *infrastructure*, power.

    We have, our grid right now has a 17 gigawatt opportunity of energy
    potential that needs to be rehabbed, certainly for technology and AI.

    And tourism, you know, Venezuela has 2800km of pristine Caribbean
    coastline ready to be developed.

    So this is going to be huge. We will bring rule of law. *We will
    open markets*. We will have security for foreign investment, and a
    transparent, *massive privatization program that is waiting for you*.

	<https://substack.com/redirect/aab489fc-9940-48a2-926c-058b6bbc26e2?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM> 	

Venezuelan coup leader María Corina Machado is interviewed by Francis 
Suarez, the mayor of Miami, Florida, at the 2025 America Business Forum

This was not the first time that Machado had made this promise.

Machado also spoke virtually at the Fortune Global Forum 
<https://substack.com/redirect/421e8a67-2f06-4511-8414-ec10b5898887?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM>in 
Saudi Arabia in October, where she offered a “business opportunity, of 
more than $1.7 trillion”.

“Venezuela will be the single biggest economic opportunity for decades 
to come in this region”, vowed the US government-funded Venezuelan coup 
leader.

Machado presented her ultra-right-wing economic program at an event in 
June hosted by AS/COA 
<https://substack.com/redirect/6b73fe6a-1e9b-47ff-9c1c-9b827b463997?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM>, 
a corporate lobby group funded by a Who’s Who of large US companies 
<https://substack.com/redirect/31a26bdc-e733-4800-8745-ed44cf8e1efd?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM>.


      US companies “are going to make a lot of money”, promised
      Venezuelan coup leader María Corina Machado

In an interview with Donald Trump Jr. 
<https://substack.com/redirect/583aae35-5a34-413d-bc51-57452f133176?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM>in 
February, Machado again promised to sell off her country’s assets to US 
corporations.

“We are going to privatize all our industry”, she said, stressing that 
US companies “are going to make a lot of money”.

These were her remarks:

    Forget about Saudi Arabia; forget about the Saudis. I mean, we have
    more oil, I mean, infinite potential.

    And *we’re going to open markets. We’re going to kick [out] the
    government from the oil sector. We’re going to privatize all our
    industry.*

    Venezuela has huge resources: oil, gas, minerals, land, technology.
    And, as you said before, we have a strategic location, you know,
    hours from the United States.

    So we’re going to do this right. We know what we have to do.

    …

    And *American companies are in*, you know, *a super strategic
    position to invest*.

    …

    This country, Venezuela, is going to be the *brightest opportunity
    for investment of American companies*, of good people that *are
    going to make a lot of money*.


      María Corina Machado boasts that she is being supported by Marco
      Rubio and other US government officials

Machado has boasted of the fact that she and her coup-plotting movement 
in Venezuela are receiving support from numerous US government 
officials, including Marco Rubio, the second-most powerful person in the 
administration after Trump himself.

In an interview with Bloomberg reporter Mishal Husain 
<https://substack.com/redirect/3539a50d-742a-449a-8b2f-f059ab54fd0b?j=eyJ1IjoibHZwcGIifQ.9RIwWbE6EVIB7Jy8lfazxZKfps8R18neRGMKwOiqnRM>in 
October, Machado revealed, “I have been in contact not only with several 
officials in the US government, but also in other countries — in Canada, 
in Latin America, in the Caribbean, and certainly Europe as well”.

Husain asked if Machado has specifically been in touch with Rubio. The 
Venezuelan coup leader confirmed that she has.

“I have been in touch with [Rubio], of course, and with his team”, 
Machado divulged. “And I have to say, even further in Congress, both 
aisles, you know, in both parties, we have really good friends and 
champions of our cause”.

In her virtual remarks at the America Business Forum on 5 November, 
Machado also thanked more US government officials for supporting the 
coup attempt in Venezuela.

This is what she said:

    I’m so grateful to the *Secretary of State Marco Rubio*, that has
    been, you know, the champion of the cause of freedom and democracy
    in the Americas.

    I want to thank *Governor DeSantis*.

    I want to thank my friend, *Senator Rick Scott*, that has always
    trusted us.

    And now *Senator Ashley Moody*.

    And of course, I have to say, and I want to make a special mention
    to our three amigos, our three friends, [Congress members] *María
    Elvira Salazar, Mario Díaz-Balart, and Carlos Giménez*, who have
    been so, so, so close, and always supporting us.

Machado likewise expressed gratitude to the Miami mayor, Francis Suarez, 
who was interviewing her at the America Business Forum, just two hours 
before Trump spoke at the same event.

“You have been a great friend, Francis, of our cause. I am so grateful 
to you”, she said.

The Miami mayor noted that he and Machado had a friendly conversation 
before the interview.

“We spoke yesterday on the phone, and you invited me to a free 
Venezuela, and I look forward to that day, where I can go with my wife, 
who is in the audience, to visit you in the presidential palace, one 
day”, Suarez said.

This was a clear sign that US government officials hope to put Machado 
in power in Caracas. They are confident that the longtime US 
government-funded coup leader would obediently serve US interests in 
Latin America.

Machado stressed that, if Trump and Rubio can help her overthrow Maduro, 
she would cut Venezuela’s ties with China, Russia, and Iran, and their 
next plan would be to work with Washington to topple the leftist 
governments in Nicaragua and Cuba.


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